Reuters: Morocco consumer boycott has big business in its sights

May 30, 2018

They were targeted “because they are perceived as market leaders who engage in anti-competitive price fixing, creating an oligopoly,” said Rachid Aourraz, economist at the Moroccan Institute for Policy Analysis.

“The decision shows that the Moroccan economy is unable in the current conditions and under the current tax system to promote industrial investments,” Rachid Aourrazz at the Moroccan Institute for Policy Analysis told Reuters.

“There is a need for an overall review the Moroccan tax system to make it conducive to industrial development,” he said.

“Changing the currency exchange regime equals to a constitutional reform at the political level,” said Rachid Aourraz, an economist from the independent Moroccan Institute for Policy Analysis.

“Tourism and remittances are not reliable sources for hard currencies because they are vulnerable to external shocks,” Aourraz said. “The new generation of Moroccans living abroad, mainly in Europe, are not as attached to the country as their parents.”

“Changing the currency exchange regime equals to a constitutional reform at the political level,” said Rachid Aourraz, an economist from the independent Moroccan Institute for Policy Analysis.

“Tourism and remittances are not reliable sources for hard currencies because they are vulnerable to external shocks,” Aourraz said. “The new generation of Moroccans living abroad, mainly in Europe, are not as attached to the country as their parents.”

Moroccan Institute for Policy Analysis

MIPA is a non-profit independent research institution based in Rabat, Morocco. Founded by a group of transdisciplinary researchers, MIPA’s mission is to produce systematic and in-depth analysis of relevant policy issues that lead to new and innovative ideas for solving some of the most pressing issues relating to democracy.